Tractors & Farm Equipment Ltd sold AGCO
May 5, 2026 · Form 4 insider transaction
Tractors & Farm Equipment Ltd sold 309,089 shares of AGCO Corporation at $123.28 per share, a transaction worth $38.10M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
This Form 4 is filed jointly by Tractors and Farm Equipment Limited ("TAFE"), TAFE Motors and Tractors Limited ("TMTL") and Ms. Mallika Srinivasan (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934 (the "Exchange Act") that collectively beneficially owns over 10% of the Issuer's outstanding shares of Common Stock (the "Common Stock"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such shares for purposes of Section 16 or for any other purpose.; The sales reported herein were undertaken pursuant to Section 6 of that certain Cooperation Agreement by and between TAFE and the Issuer, dated June 30, 2025 (the "Cooperation Agreement"). Pursuant to the Cooperation Agreement, the price per share is equal to daily volume weighted average trading prices of the Common Stock as reported on the New York Stock Exchange as determined in accordance with Rule 10b-18 of the Exchange Act for each day during the sixty (60) consecutive trading day period ending on May 4, 2026. The sales reported herein are expected to close on the fifth (5th) business day following May 5, 2026.; Securities owned directly by TAFE. Ms. Srinivasan is an officer of TAFE and is a beneficial owner of certain equity securities of TAFE, and may be deemed to beneficially own the securities owned by TAFE.